EURUSD Melting

Od BayonetMarkets
A combination of the Italian deficit and the budget proposals are causing the Euro to melt away.
The 4hr chart had a really clear structure which was broken to the upside. This was a false break. The market dropped back into the channel and smashed through the 4hr trend line.
Bearish PatternsChart PatternsEUREURUSDshortsetupTrend AnalysisUSD

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